**The following are Rent North East’s general requirements. Please note that the landlord retains the right to change terms on a case by case basis if they feel this to be necessary.
DSS accepted: Considered with home owner guarantor
Upfront costs:
These really depend on your circumstances and requirements. The basic rules are as follows:
The first rent payment needs to be paid before you move into your property.
We ask that you provide either a deposit, or a guarantor.
A deposit is usually the value of one month's rent but may be up to the value of 5 weeks rent.
If you prefer to provide a guarantor, this must be a UK property owner.
Agency/Admin fee:
No agency fees apply.
Check! Can you afford it?
Your income should be at least 2.5 times the rental value (Monthly Rental Of £450 for this property), to enable you to pay for your rent and living costs comfortably. If you are entitled to housing benefits then this will not apply.
We will ask you for proof of your income. If you are in receipt of housing benefits then we will ask you for proof of your entitlement.
For more information about upfront costs and requirements, please call /extension 1